Newsagents for sale in South London

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S Martin (Feb 2013)
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Leasehold Price: £69,500 Weekly Turnover: £3,000
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Business Description
• ACCOMMODATION INCLUDED

SINGLE FRONTED MEDIUM SIZED SALES SHOP with anti-slip carpeted floor, suspended ceiling with concealed lighting. The equipment includes counter, electronic cash register, 2 double door glass fronted drinks display fridges (1 owned & 1 on loan from Coca Cola), 1 single door glass fronted drinks display fridge (owned), shelving etc.

Small stockrook
Staff w.c. & wash hand basin.

Turnover : £3,000 p.w. in our opinion offering tremendous potential for further increase, especially with additional opening hours & with the introduction of the sale of wines, beers & spirits, subject to obtaining the necessary Off Licence. Wholesale newsbill £400 p.w. Gross profit 20% approx. In addition the business has Oyster which we understand provides a commission of approximately £140 p.w.

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £69,500 plus STOCK AT VALUATION (£6,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Viewing Strictly by appointment via Nationwide Businesses Ltd 020 8763 1777.
Trading Hours:


Winter Time
Monday - Saturday inclusive - 6 a.m. - 6 p.m.
Sunday opening - 7 a.m. - 6 p.m.

Summertime i.e. March - October
Weekdays 6 a.m. - 7 p.m.
Sunday - 7 a.m. - 6 p.m.


Number of Employees:

The business is at present operated by a husband & wife team & no staff are employed.

Tenure: Leasehold

Number of bedrooms: 3

Accommodation Details:

The accommodatiion in the form of a SELF CONTAINED FLAT, DOUBLE GLAZED & with FULL GAS FIRED CENTRAL HEATING, comprises:

3 Bedrooms (2 doubles, 1 single)
Bathroom with bath, w.c. & wash hand basin
Lounge
Fully fitted kitchen

We understand that the 2 double bedrooms are currently let room by room & provide £150 p.w. each. We understand that vacant possession of the accommodation can be made if required.

Location Details:

Situated in a parade, main road trading position, residential & commercial area, SE LONDON

Listed by: Nationwide Businesses Ltd
Find out more about this business for sale opportunity by submitting the form below.
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C8194
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